CORE Industrial Partners, a private equity firm specializing in manufacturing, industrial technology, industrial services, and consumer products, has announced the acquisition of Ditron, Inc. (“Ditron” or the “Company”) by its portfolio company PrecisionX Group (“PrecisionX”). This acquisition expands PrecisionX’s capabilities and follows CORE’s previous acquisitions: GEM Manufacturing in February 2023, Coining in June 2023, and National Manufacturing in May 2024.
Founded in 1963, Ditron specializes in micro precision stamping and provides solutions for tight-tolerance small, miniature, and micro-miniature metal stamped components. The Company operates a fleet of over twenty high-speed Bruderer presses, producing billions of components annually from various metals, including beryllium copper, phosphor bronze, stainless steel, and brass. Ditron also offers secondary and post-processing services such as deburring, heat treating, and packaging.
Ditron’s expertise in custom tooling design and its collaborative approach allow it to meet specific performance requirements for demanding markets like aerospace and defense, information and communication technology, medical, electronics, and industrial. The Company, headquartered in Stormville, New York, operates an ISO 9001-certified facility and adheres to IATF 16949 and RoHS standards.
Matthew Puglisi, Partner at CORE, commented, “Acquiring Ditron strategically enhances PrecisionX’s capabilities in high-speed, high-volume micro and micro-miniature stamping. Ditron’s focus on critical applications in growing markets and its specialty manufacturing capabilities make it a perfect addition to our platform.”
Rock Lambert, Operating Partner at CORE, added, “We see significant opportunities to enhance value for both PrecisionX and Ditron’s customers through this acquisition. We are thrilled to integrate Ditron into the PrecisionX platform and look forward to collaborating with its experienced team.”
John Goulding, President & CEO of Ditron, stated, “Since acquiring Ditron in 2003 with my partner Jeff Woodin, we have focused on growth through innovation and customer collaboration. We are excited to join forces with CORE and the PrecisionX team as we embark on the next phase of the Company’s growth.
